The holiday film will follow three childhood best friends who reunite in New York City for their annual tradition of going out on Christmas Eve. Gordon-Levitt and Rogen will play two of the three buddies, while the third lead role is yet to be cast.

Sony beat out other studios to nab the project which eyes a summer start date. "50/50" director Jonathan Levine is confirmed to set behind the lens. "50/50" producers/financiers Joe Drake and Nathan Kahane are also on board the upcoming movie.

"50/50" which featured Gordon-Levitt as a cancer patient raked in over $39 million against a modest $8 million budget. It also gained critical acclaim and received Best Picture nomination at the 69th Golden Globe Awards.